U.S. Dollar Is 2014s Best-Performing Currency

U.S. Dollar Is 2014s Best-Performing Currency

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Business

University

Hard

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In 2014, the US dollar was the best performing currency, rising against all major and emerging market currencies as the Federal Reserve ended its bond-buying program. The Bloomberg Dollar Spot Index showed the dollar's significant gains against major peers. The Russian ruble and Ukrainian currency were the worst performers, while the Somali shilling surprisingly gained 56% against the dollar, making it the best performing currency out of 174 tracked by Bloomberg.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall performance of the US dollar against other major currencies in 2014?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage did the Russian ruble fall against the US dollar in 2014?

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